iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Reaches New 1-Year High – Here’s What Happened

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $101.66 and last traded at $101.66, with a volume of 5104 shares trading hands. The stock had previously closed at $100.72.

iShares Russell Top 200 Value ETF Stock Performance

The firm has a fifty day moving average price of $95.55 and a 200 day moving average price of $93.48. The firm has a market capitalization of $3.43 billion, a price-to-earnings ratio of 19.39 and a beta of 0.78.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IWX. Cornerstone Planning Group LLC acquired a new position in iShares Russell Top 200 Value ETF during the fourth quarter worth $25,000. First Horizon Corp purchased a new stake in shares of iShares Russell Top 200 Value ETF in the third quarter valued at $38,000. CoreCap Advisors LLC grew its position in shares of iShares Russell Top 200 Value ETF by 195.6% in the third quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $47,000 after purchasing an additional 356 shares during the period. Richardson Financial Services Inc. purchased a new stake in shares of iShares Russell Top 200 Value ETF in the fourth quarter valued at $49,000. Finally, International Assets Investment Management LLC purchased a new stake in iShares Russell Top 200 Value ETF during the first quarter valued at about $55,000.

iShares Russell Top 200 Value ETF Company Profile

iShares Russell Top 200 Value ETF(the Fund), formerly iShares Russell Top 200 Value Index Fund, seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Value Index (the Value Index). The Value Index is a style factor weighted index that measures the performance of the largest-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Top 200 Index and measures the performance of equity securities of Russell Top 200 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.